Buffalo Wild Wings
When I was in college, my campus didn’t have the NHL Sports Network. So, during hockey season, my friends and I would take a trip to Buffalo Wild Wings (NASDAQ:BWLD) and enjoy the countless TVs and a pile of wings.
This year, the company will get no such customers. Sure, people will still be around to watch other sports, but many hockey fans will probably stay in on wing night.
And additional headwinds aren’t exactly what this onetime momentum stock needs right now. The company took an 11% hit on the heels of its earnings report last month, thanks to rising chicken costs and declining profits. Plus, the fourth quarter isn’t typically very strong for the restaurant as it is.
No hockey games to lure in customers is only going to make matters worse.
As of this writing, Alyssa Oursler did not own a position in any of the aforementioned securities.